Guest guest Posted June 6, 2008 Report Share Posted June 6, 2008 Doug, Read your post about Ed McMahon. I feel the same way. Dear Mr. Hong, I was so sorry to read of Mr. McMahon's recent problems with illness and foreclosure. No one would wish that problem on anyone. As I understand it, one of the reasons for the lack of buyers of the property is that it is a " stigma property " from the highly publicized mold problem of a few years back. People all across the US have lost their homes to foreclosure from a mold problem. This has been occurring even before the down turn in the market. Unlike Mr. McMahon, many people have done battle with their homeowners insurer for bad faith claims handling practices and improper mold remediation, yet have not been able to receive multimillion dollar settlements or judgements. Many have lost everything they own as they try to fight against a giant industry with a solo practice attorney. These cases are expensive to fight. They are complex litigation. The average homeowner cannot afford to put on a strong case....unlike Mr. McMahon could afford to do. While I would never wish Mr. McMahon's current plight on anyone, I am also aware Mr. McMahon took his multimillion dollar mold settlement and did absolutely nothing to speak out and help others, less influential, who were caught in the same situation. I find it difficult to have sympathy for man who understands that it is devastating when you are ill and all you own is in jeopardy, who has been in a position that he could have helped others going thru the same plight by speaking out, who could have lobbied decision makers to help others and who is now publicly portraying himself once again as a highly publicized victim of an issue. Something tells me that if he is able to work this out with Countrywide, no one who is currently suffering foreclosure because of mold or illness or downturn in the market, will benefit one iota, except Mr. McMahon. I too live in California. I too had a botched remediation of my home. I too had illness in my family. I too went thru the workout department of Countrywide to address our mortgage. I too went thru litigation with our insurer to conclude with a favorable settlement. I too sold a mold stigma property at a diminished, but acceptable value. I too could have selfishly walked away from the issue that is so devastating to so many, because I got mine. I chose a different path. Mr. McMahon, with his celebrity status, could have made a real difference in the lives of many, had he chosen the same one. I wish him the best in his dealing with Countrywide. I only wish that his experiences and successes would help others, but I am not hopeful they will. Sincerely, Sharon Kramer **************Get trade secrets for amazing burgers. Watch " Cooking with Tyler Florence " on AOL Food. (http://food.aol.com/tyler-florence?video=4? & NCID=aolfod00030000000002) Quote Link to comment Share on other sites More sharing options...
Guest guest Posted June 8, 2008 Report Share Posted June 8, 2008 Ginny, I HAVE A CONFIDENTIALITY AGREEMENT on my settlement! There is nothing that the courts can do to limit one from being able to speak out about what they know of illness caused by mold and the trauma families are experiencing from the deceit over the matter. There are things I have never posted on this board, and never will because of the agreement. But...that does not stop me, nor should it stop anyone else, from speaking out about the bigger issue. It is your right as a US citizen. Sharon K. In a message dated 6/8/2008 6:07:32 A.M. Pacific Daylight Time, ginloi@... writes: Sharon ~ Thanks for the explanation of the " short sale " - most people, including myself, until fairly recently did not understand what that " term of art " means, but that was a simple and beautiful explanation. I agree with you about the McMahon thing. It is surprising that the news read that he was in a toxic mold home, and he had better and quicker access to legal people, more than the average Joe. I am surprised and disappointed that he did not use his " celebrity " status to advance the knowledge base, and reach out to push the envelope thought governmental channels. The only thing that I can think of is that his " compensation " may have included a deal where he would not go public about the mold. I hope that this is the case. It would be a shame, not to mention the " karma " thing not to give back to those who ended up with " less than nothing " and no means to fight the system. Clearly, he had the tools to fight. I did not get initially why the program with Larry King was focused on the " foreclosure " thing. His " celebrity " status was certainly in place, there. How many people get to cry to Larry King that they were foreclosed upon? After the first few minutes, I switched channels. It impressed me as self-serving, with regard the foreclosure; if it helps out a few people with this foreclosure nightmare, then he did do some good. But, not unlike yourself, it is disappointing the program was not used to advance the problems and awareness of the mold issues. He did get two bites at the apple. Once for mold, again for foreclosure. **************Get trade secrets for amazing burgers. Watch " Cooking with Tyler Florence " on AOL Food. (http://food.aol.com/tyler-florence?video=4? & NCID=aolfod00030000000002) Quote Link to comment Share on other sites More sharing options...
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